Funding you earn now, next payment 12:00 UTC−0.0242%/8h= −26.5% APRnext payment −$1.21 per $10,000 · paid last 24h −0.188%
Price spread now: KuCoin against Aster−0.113%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1361.365% of the position
Funding, last 6 days (all we have)−0.443%−$44 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now −0.113%, 7d avg −0.057%
=Together, before fees−0.355%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster USELESSUSDT | 0.3000 | 0.0342 | pay 0.0171% / 4h | 3h 39m | $629K | $2.2M | 10x |
| Short | KuCoin USELESSUSDTM | 0.2997 | 0.0100 | get 0.0050% / 4h | 3h 39m | $5.5M | $10.9M | 12x |
Aster USELESSUSDT
KuCoin USELESSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.79
- Price spread: −0.113% → −0.057%
- −$5.53
- Slippage, 4 orders
- −$116.48
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$192.81
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 3 min ago | 9.09 bp | 21.1 bp −$21 | 79.1 bp −$791 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 8.47 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2999 | −0.043% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2998 | −0.056% | $32K | $19K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2997 | −0.099% | $7.5M | $8.9M | 50x | as long as short |
| KuCoin USELESSUSDTMshort | +0.0100% | 4h | 0.2997 | −0.113% | $5.5M | $10.9M | 12x | |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.3000 | −0.003% | $5.7M | $11.3M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2990 | −0.329% | $29K | $284K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.3001 | +0.024% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.3004 | +0.121% | $20K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2995 | −0.166% | $686K | $1.3M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0119% | 4h | 0.3001 | +0.044% | $10.9M | $78.2M | 10x | as long as short |
Lighter USELESS
Pacifica USELESS
Gate USELESS_USDT
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0200% | 1h | 0.3001 | +0.021% | $11K | — | 3x | as long as short |
| Aster USELESSUSDTlong | +0.0342% | 4h | 0.3000 | long leg | $629K | $2.2M | 10x | |
| edgeX USELESSUSDC | +0.0441% | 4h | 0.3007 | +0.233% | $22K | $200K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0468% | 4h | 0.3000 | +0.007% | $14.0M | $6.5M | 50x | as long as short |
| Binance USELESSUSDT | +0.0470% | 4h | 0.2999 | −0.027% | $25.7M | $131.7M | 50x | as long as short |
| Extended USELESS-USD | +0.0472% | 1h | 0.3001 | +0.019% | $285K | $1.7M | 5x | as long as short |
| BingX USELESS-USDT | +0.0616% | 4h | 0.3002 | +0.071% | — | $5.5M | — | as long as short |
| Bybit USELESSUSDT | +0.0737% | 4h | 0.3000 | −0.009% | $29.7M | $53.0M | 13x | as long as short |
| Variational Omni USELESS | +0.0820% | 4h | 0.3004 | +0.136% | $1.3M | $1.9M | — | as long as short |
| Orderly PERP_USELESS_USDC | +0.0957% | 4h | 0.3001 | +0.027% | $22K | $1.8M | 10x | as long as short |
| Hyperliquid USELESS | +0.1114% | 1h | 0.3003 | +0.111% | $13.5M | $24.2M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1482% | 4h | 0.3005 | +0.167% | $1.3M | $2.3M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.1819% | 1h | 0.3001 | +0.031% | $56K | $699K | 25x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3188 | +6.257% | $5K | $10K | 5.5x | as long as short |
Aevo USELESS-PERP
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
BloFin USELESS-USDT
ApeX Omni USELESSUSDT
Injective USELESS/USDC PERP